TLDR
The Art of Crypto Trading: Classic Patterns. Classic patterns demonstrate the probability that the current trend may continue or change its direction. They represent consolidation periods that stand out within a clearly defined trend and help traders make informed decisions. In this article, we will look at following most common patterns: Flag, Pennant, Triangles, Wedge, Head & Shoulders. The main features of the triangles are as follows: A price breakout from the first or second sector of the triangle indicates a significant trend strength. A pennant is similar to a flag but has a triangular structure.via the TL;DR App
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Written by anti-danilevsky | Founder & CEO at Kick Ecosystem. Crowdfunding & Blockchain evangelist since 2009
